Britishpound
GBPUSD LONG BIAS (SWING BUY!)Hello all!
Hope you are doing well :)
I have a Top-Down analysis for you today on GU! I have realised in most channels, and servers i am apart of on social media that people are shouting different directions on this pair..
My views are shared in this video!
Sit back and enjoy! Any questions? just DM me! :)
GBPAUD The key is the 1D MA50The GBPAUD pair is consolidating around the 1D MA200 (orange trend-line) after almost a 1 month non-stop fall (since December 21). The next Support level is at 1.73500 and if broken we will extend selling towards the 0.786 Fibonacci level at 1.6878. Then reverse to long-term buying targeting 1.8600 (below the -0.236 Fib and the Higher Highs trend-line).
If however the price breaks above the 1D MA50 (blue trend-line) first, we will abandon selling and take the buy break-out instead, having the same 1.8600 target.
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💵British Pound/Canadian Dollar 💵 Analyze (01/16/2023)!!!The British Pound/Canadian Dollar completed its double-three correction(WXY) in the resistance zone with an ending diagonal pattern.
Also, if you look carefully, you can find the evening star candlestick pattern in a 4-hour time frame.👇
So, I expect the British Pound/Canadian Dollar will go down at least to the support zone.
🔅British Pound/Canadian Dollar ( GBPCAD ) Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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GBPUSD SHORT Resault: 365 pips✅GBPUSD is preparing for a very good sell position and I am entering within the specified range
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SHORT Resault: 1040 pips✅GBPJPY is preparing for a very good sell position and I am entering within the specified range
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
gbpjpy are going to reach second target. 1040 pips in profit.
GBPUSD, at a solid resistanceAs shown in the chart, GBPUSD is in an extremely difficult resistance area. A trend line from October 2022 and the neckline of the previous head and shoulders pattern, as well as the Crossing 100 and 200 four-hour SMA are all forming this zone. The price is expected to react and fall toward 1.1853 and 1.179.
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💵British Pound/Australian Dollar💵 Analyze(12/23/2022)!!!
The British Pound/Australian Dollar lost its ascending channel and also completed its pullback.
I expect the British Pound/Australian will go down to 🎯targets🎯 that I specified in my chart.
🔅British Pound/Australian Dollar Analyze ( GBPAUD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBPJPY | Rising Channel Formation..!!
#GBPJPY Rising Channel Formation in Weekly Timeframe Chart..!!
In Case of Downside Breakout, Expecting +1500-1800 Bearish Wave in Midterm..
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💵British Pound/Canadian Dollar 💵 Analyze (01/03/2023)!!!The British Pound/Canadian Dollar broke the support zone and is now completing the pullback.
I expect the British Pound/Canadian Dollar will go down at least to the next support zone.
🔅British Pound/Canadian Dollar ( GBPCAD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBPJPY , SHORT Resault: 700 pips✅GBPJPY is preparing for a very good sell position and I am entering within the specified range
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
Gbpjpy shortGBPJPY is preparing for a very good sell position and I am entering within the specified range
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
EURGBP Resistance test. Aiming higher as planned.The EURGBP pair hit today the 0.88315 Resistance (November 09 High) after recently breaking above the 1D MA50 (blue trend-line). On our last analysis almost 2 months ago (October 29), we talked about this long term buy opportunity either on the 1D MA200 (orange trend-line) or the 1D RSI Support Zone:
Both conditions were met, so if you got positioned then, you may book the short-term profit now and re-buy if/ when the price breaks above the Resistance. The long-term pattern remains a Bullish Megaphone since the March 07 Low. As previously mentioned, since the previous Higher Highs were made after breaking the 1.5 and 2.5 Fibonacci extension levels respectively, we can assume that the next one will be on the same progression, i.e. the Fib 3.5, which is currently at 0.92835. This is our long-term target.
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💵British Pound/Swiss Franc💵Analyze (12/22/2022)!!!The British Pound/Swiss Franc was able to break the uptrend line.
I expect the British Pound/ Swiss Franc will go down to the targets that I specified in my chart.
🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵British Pound/U.S.Dollar 💵Analyze (Short term, 12/19/2022)!!!
British Pound/U.S.Dollar completed the double zigzag correction on PRZ(Price Reversal Zone).
I expect the British Pound/U.S.Dollar will continue this downward trend.
🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBPUSD Resault: 600 pips✅Similar to the Eurodollar, the pound dollar will enter correction after hitting the ceiling of the descending channel and will move towards the ceiling of the channel after correction again.
Stay with me to get more analysis after following me by sharing with friends and leaving a comment
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
GBPJPY targeting 172.250 on the medium-term.The GBPJPY pair has been rebounding strongly since the November 11 Low within the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). The Low was made on the Inner Higher Lows trend-line, that has had five hit-and-holds since May 12.
Based on the 1D MACD also, this sequence resembles the April 20 - June 09 fractal , whose rebound reached the previous High, which is now the Resistance at 172.250. This is the short-term target.
On the long-term you see that the pattern is an Ascending Triangle (since March 2021 and we are close to the Higher Highs Zone. Every hit either on the dashed or top trend-line is a sell opportunity, until the pattern is invalidated.
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** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
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You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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GBPUSD Two buy entries one short and one long-termWe haven't looked into the GBPUSD pair since almost a month, but it largely confirmed our bullish outlook:
As you see the price broke above both the 1.2285 August 01 High and the 1D MA200 (orange trend-line), which has turned it already into its short-term Support. As we pointed out last time, a Channel Up (green) was formed but as the new Higher High was priced yesterday, we have to consider the emergence of an additional Channel Up (dotted lines), which has its Higher Lows (bottom) trend-line exactly on the 1D MA50 (blue trend-line).
That would be our long-term buy entry and an additional indicator to take that long would be if the 1D RSI also bounces off the designated Support. In both cases our target will be the June 01 2021 Lower Highs trend-line or the 1W MA200 (red trend-line), whichever of the two gets hit first.
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** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
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You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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💵British Pound/U.S.Dollar 💵Analyze (12/15/2022)!!!British Pound/U.S.Dollar was able to make a double top pattern on the resistance zone.
Also, the British Pound/U.S.Dollar broke the important uptrend line.
I expect British Pound/U.S.Dollar will go down to PRZ(Price Reversal Zone).
🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 30min⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBP/USD: Pound in a tough resistance zone. Pullback in sight?The British pound has staged an impressive 18% rebound since its September's lows and is now entering a pivotal week given the upcoming Fed's (Wednesday) and BoE's (Thursday) meetings.
Even though the latest signs of economic activity are mostly better or in line with expectations, they actually show that the economy is slowing down and that a recession is getting closer and closer. Following a 0.6% decline in September 2022, the UK GDP increased 0.5% in October, the largest growth in over a year and slightly above predictions of 0.4%. The service sector, which continues to be resilient, had the greatest expansion. Instead, industrial production in October 2022 was flat from the previous month, following a 0.2% decline in September, which also matched market expectations.
Continuing growth uncertainties and housing market jitters might have future dovish consequences for the BoE. On Thursday, it will be important to know if the differences between board members that have already come up are getting bigger. At the last BoE meeting, the vote to raise 75 basis points was divided (7-2).
Markets are pricing in 56 basis points, thereby fully expecting 50bps. As a result, anything less than 75bps will be a marginally negative outcome for the pound.
A hawkish Fed and a dovish BoE will have a negative impact on GBP/USD, which has recently re-established its correlation with the 2-year yield differential after decoupling from August to October.
How to tactically trade GBP/USD this week: Key technical levels to watch
The cable technically broke above the 200-day moving average (1.211) and has remained above it since the beginning of the month.
As we get closer to a crucial resistance area around 1.225-1.24, which corresponds to June highs and a 6-month 100% Fibonacci retracement level, the bullish wave is beginning to lose some of its momentum.
Following the solid rally since November, the upside potential for the pound looks to be rather stretched, and this week's rising risks of a hawkish Fed and USD bullish sentiment may lead to some pullbacks to 1.20 or lower.
1.196 is an intriguing initial line of support to keep an eye on, corresponding to the 78.6% Fibonacci level and the -1std of the 20dma Bollinger band. If cable fails to hold there, 1.161 (61.8% Fibonacci) might be a month-end target.